Airfares from JFK and MIA As of October 13, 2011
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1 Abaco Antigua Barbados Bermuda Cancun Cayman Exuma GBI Montego Bay Nassau Provo Punta Cana San Juan C OMPETITIVE PRICING TRACKER F O R T H E M O N T H O F AUGUST 2011 Booking Date: July 18 th 2011 ~ Travel Date: October 13 th 2011 By Faye M. Cash, Senior Analyst - MOT Preface After a five month hiatus, the price tracker is back with several changes. The focus has shifted from reporting competitive pricing one month out to three months out. $800 Airfares from JFK and MIA As of October 13, 2011 JFK Lowest Fare JFK MIA Source: Expedia Business News Vol 2 I ssue No. 1 MIA Lowest Fare Analysis will focus on the month of October However the snapshot airfares will be report for the three months i.e. Aug, Sep and Oct. A competitive analysis of the air seat capacity will be reviewed for those three months to garner any correlation with respect to airfares. Trend reports will reappear when enough historical data has been collected. $600 $400 $200 $0 TIOTB Fare Trends for October 13, 2011 The best NAS/MIA airfare is $240, nonstop on, an increase of 9% y-o-y. The best NAS/JFK airfare is $460 one-stop on JetBlue, up 31% y-o-y. The best GBI/MIA airfare is $359, nonstop on American, an 11% increase y-o-y. The best GBI/JFK airfare is $473, one-stop on AA, down 2% y-o-y. The best MHH/MIA airfare is $400 one-stop on, up 11% y-o-y. The best MHH/JFK airfare is $765, two-stops on American, a 39% increase y-o-y. The best GGT/MIA airfare is $365 one-stop on, down 1% y-o-y. The best GGT/JFK airfare is $473, one-stop on AA, up 15% y-o-y. MIA Oct-10 Oct-11 Y-O-Y diff Abaco % Antigua % Barbados % Bermuda % Cancun % Cayman % Exuma % GBI % Montego Bay % Nassau % Provo % Punta Cana % San Juan % AVERAGE % JFK Oct-10 Oct-11 Y-O-Y diff Abaco % Antigua % Barbados % Bermuda % Cancun % Cayman % Exuma % GBI % Montego Bay % Nassau % Provo % Punta Cana % San Juan % AVERAGE %
2 Price tracker Page 2 NB. Due to the ongoing dispute in the US over the debt ceiling, federal airline taxes expired on 22/7/11, so pax from/to the US will see a decrease in ticket taxes (~ $40 to NAS). See appendix 5. Also BAH gov ticket taxes will show a net decrease of $2 in October Snapshot Air Fares from Miami Destination 18-Aug Sep Oct-11 Antigua $769 $507 $517 Barbados $516 $431 $431 Bermuda $453 $453 $453 Cancun $367 $240 $249 GBI $354 $354 $359 GGT, Exuma $438 $360 $365 Grand Cayman $319 $319 $319 Marsh Harbour $478 $405 $400 Montego Bay $456 $346 $316 Nassau $226 $234 $240 Provo $610 $610 $610 Punta Cana $471 $598 $479 San Juan $304 $245 $269 Average $443 $392 $385 Snapshop Airfares from JFK Destination 18-Aug Sep Oct-11 Antigua $409 $519 Barbados $386 $369 $369 Bermuda $423 $295 $363 Cancun $542 $377 $379 GBI $455 $468 $473 GGT, Exuma $665 $627 $632 Grand Cayman $436 $436 $436 Marsh Harbour $773 $717 $765 Montego Bay $621 $446 $446 Nassau $444 $405 $460 Provo $379 $460 $462 Punta Cana $586 $406 $481 San Juan $329 $285 $285 Average $503 $438 $467 This report reviews the air fare and package pricing (airfare and hotel) from New York (JFK) and Miami (MIA) to selected competitive markets against TIOTB. The package is assessed for a 3 day/4 night stay, per person with a travel departure on Thursday and return on Sunday based on two people travelling. This assessment is carried out in the middle of each month for a travel date during the following month using expedia.com. Please note the booking date as this snap shot pricing reported may differ when reviewed at a later time. In the airline industry the cost of an airfare and subsequent air packages fluctuate depending on the time of day, day of week and amount of time travel is booked away from day of departure. This report covers the travel departure date of October 13 th, 2011 from MIA and JFK booked on July 18 th, The air fare quoted is for the lowest fare for travel on the specified departure date. Where available, the non-stop fare is used except in cases where it is considerably greater than a one-stop fare, hence the term best fare. The rational is that persons travelling will weigh the value of a flight based on the factors of duration, number of stops and cost before selecting a flight.
3 Properties ranked on Hotel star rating, then lowest package price (JFK) RANK Hotel JFK MIA Destination Hotel* Appendix 1 Rating Travelers' Opinion 1st El Conquistador Resort San Juan nd Sheraton Nassau Beach Nassau rd Radisson Our Lucaya GBI th Pelican Bay Resort GBI th Hilton Barbados Barbados th Atlantis Royal Towers Nassau th Hilton Rose Hall Resort Montego Bay th RIU Palace Punta Cana th The Fairmont Hamilton Bermuda th Blue Waters Cove 1,109 1,203 Antigua th Hilton Cancun Golf & Spa~ N/A N/A Cancun th RIU Bambu Punta Cana th Abaco Beach Resort & Boat Harbour Abaco th Toby's resort Montego Bay th Amaryllis Beach Resort Barbados th Barcelo Tucancun Beach All Inclusive Cancun th Shaw Park Beach Montego Bay th Sandy Port Beaches Nassau th Comfort Suites PI Nassau th Comfort Suites 7 Mile Beach Cayman st Coconut Beach Antigua nd Surf Side Beach Club Bermuda rd Peace & Plenty~ N/A 641 Exuma 3-24th Island Palm Resort GBI th Comfort Suites T&C Providenciales th Pelican Beach Villas Abaco th Nassau Palm Hotel Nassau th Allamanda Beach Hotel~ N/A N/A Barbados Average Package Price $758 $657 Out of 5 Out of 5 ~ No Availability for travel dates 13 Oct - 16 Oct, 2011
4 SCHEDULE of Direct Int'l Flights to TIOTB For the Month of August 2011 CITY AIRPORT Andros Town Bimini North Eleuthera Freeport George Town Governor's Harbour Marsh Harbour Nassau Treasure Cay San Salvador Atlanta Delta Air Lines Sa W, Su 3 x day Air Tran Baltimore Air Tran ex M,W,F Charlotte US Airways 2 x day Dallas/Fort Worth American Fort Lauderdale JetBlue 4 x day Continental Connec Sa 2 x day 3 x day 2 x day Spirit Sa 2 x day 4 x day Grand Cayman British Airways Tu,W,F,Sa Havana, Cabaña Cabaña ex Sa Tu,Th,Su Houston Continental JFK JetBlue 3 x day Kingston Caribbean Airlines M,Th,F,Su London British Airways ex M,Th Miami American 4 x day 7 x day ex Tu,Th,Su 3 x day Newark Continental Orlando JetBlue 2 x day Panama Copa Airlines ex Tu,F,Su Paris XL Airways W Philadelphia US Airways Providenciales, Turks & Caicos British Airways Su Air Turks & Caicos M,W,F Western Air Th,Su Tu,Th,Su Toronto Air Canada Su West Jet M,W,F,Su West Palm Beach Continental Connections Washington, DC US Airways 2 x day ex Tu,W Source: SABRE Solutions Appendix 2
5 Snap Shot Competitive Air Fares From MIA $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 18-Aug Sep Oct-11 Scheduled Air Seats 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Scheduled Air Seat Capacity From MIA Aug Sep Oct Appendix 3
6 Scheduled Air Seats August 2011 Snap Shot Competitive Air Fares From JFK $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 18-Aug Sep Oct-11 Scheduled Air Seat Capacity From JFK Aug Sep Oct 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Antigua Bermuda Barbados Cancun Cayman Montego Bay Nassau Provo Punta Cana San Juan 1 NB. There are no direct seats from JFK to GBI, Marsh Harbour or Exuma Appendix 4
7 Fort Lauderdale Airfares vs Miami Booking Date Travel Date Year Origin Destination Airline Stops Connecting City Hotel FLL Air Fare MIA Air Fare 18-Jul 13-Oct 2011 FLL Nassau Non-stop - $219 $ Jul 13-Oct 2011 FLL San Juan JetBlue Non-stop - $269 $ Jul 13-Oct 2011 FLL GBI Non-stop - $265 $ Jul 13-Oct 2011 FLL Montego Bay Caribbean Airlines Non-stop - $316 $ Jul 13-Oct 2011 FLL Cancun JetBlue Non-stop - $244 $ Jul 13-Oct 2011 FLL Exuma Gulfsream Non-stop - $433 $ Jul 13-Oct 2011 FLL Bermuda Continental 1 Stop EWR $522 $ Jul 13-Oct 2011 FLL MHH Gulfsream Non-stop - $473 $ Jul 13-Oct 2011 FLL Antigua Caribbean Airlines 1 Stop KIN $549 $ Jul 13-Oct 2011 FLL Barbados Caribbean Airlines 1 Stop POS + 1 day $650 $ Jul 13-Oct 2011 FLL Cayman US Airways 1 Stop CLT $714 $ Jul 13-Oct 2011 FLL Providenciales US Airways 1 Stop CLT $696 $ Jul 13-Oct 2011 FLL Punta Cana US Airways 1 Stop CLT $663 POS: Port of Spain, Trinadad CLT: Charlotte, North Carolina EWR: Newark KIN: Kingston Ticket Taxes From MIA From JFK Abaco Antigua Barbados Bermuda Cancun Cayman Exuma GBI Montego Bay Nassau Provo Punta Cana San Juan AVERAGE Appendix 5
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